LQwD FinTech upsizes marketed offering to raise C$7M
LQwD plans to use the C$7 million as working capital, acquiring Bitcoin and funding general corporate expenses
Company
LQWD Technologies Corp.
CVE:LQWD
LQwD FinTech Corp. is a Canadian-based financial technology company that develops payment network infrastructure and solutions on top of the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scale of Bitcoin.
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LQwD FinTech announces $6M offering to advance payment infrastructure solutions technology strategy
The firm develops and provides payment network infrastructure and solutions on top of the Lightning Network, a scalable Layer 2 solution built on top of the Bitcoin blockchain
LQwD Fintech to provide BIGG Digital Assets with Bitcoin Lightning Network capability
Under the agreement, BIGG subsidiary Netcoins will establish a node on the Bitcoin Lightning Network via LQwD's proprietary Lightning PaaS software
LQwD Fintech is helping The Lightning Network to mass scale the usage of Bitcoin for microtransactions globally
The financial technology company develops payment network infrastructure and solutions on top of the Lightning Network, a scalable Layer 2 solution built on top of the bitcoin blockchain
LQwD FinTech says it has established routing nodes and has deployed Bitcoin into payment channels on the Lightning Network
The company said this milestone is the first stage in its Lightning Network platform becoming operational, providing infrastructure, solutions, and liquidity to support the development of the network and earning fees in the process
LQwD Fintech well on its way to growing Lightning Network to allow Bitcoin to be used for microtransactions globally
The Lightening Network dramatically improves fees and instant settlement times
LQwD Fintech announces appointment of Lightning Network experts Joost Jager and Roy Sheinfeld as advisors to the company
Sheinfeld is a software engineer and the co-founder and CEO of Breez Development Ltd., a privately held Tel Aviv-based company that builds interfaces for the Lightning economy